Ducey Eases Restrictions on Elective Surgeries and Long-Term Care Facilities

State of Arizona Office of the Governor

Governor Doug Ducey today rescinded three Executive Orders issued during the early days of the COVID-19 pandemic: “With nearly three and a half million vaccine doses administered across Arizona, we’re on track to fighting off the pandemic and returning to normal,” said Governor Ducey. “At the beginning of the pandemic, we took necessary measures to protect vulnerable … [More]

Macerich Sells Phoenix Mall Set for Major Redevelopment

RED Development

Paradise Valley Mall. Rendering courtesy of RED Development Macerich has sold Paradise Valley Mall, a 1.2 million-square-foot shopping center in Phoenix, for $100 million to a joint venture of RED Development and an affiliate. The property recently received rezoning approval from the city and the previous partnership of Macerich and RED were moving forward with … [More]

Employment Rises by 916,000 in March, Unemployment Rate Edges Down to 6.0%

U.S. Bureau of Labor Statistics

Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic. Job growth was widespread in March, led by … [More]

Sprouts Foundation Celebrates Elementary School Gardens with Broadcast Event

Sprouts Farmers Market

Sprouts Healthy Communities Foundation, with support from the School Garden Support Organization (SGSO) Network, will host the first-ever, virtual garden-based learning event with lessons led by students from school garden sites from coast to coast on April 27 from 10 to 11 a.m. PT on growingschoolgardens.org. The event furthers the Sprouts Healthy Community Foundation’s … [More]

Multifamily Property Sells for $26 Million in Central Phoenix

inbusinessPHX.com

Newmark’s Managing Director Chris Canter, Executive Managing Director Brad Goff and Senior Managing Director Brett Polachek represented the seller, Midtown Flats Acquisition Company, LLC, in the transaction. The buyer was West Freeman Properties. “Midtown Flats is a luxurious asset situated in the ideal central Phoenix location with a strong mix, featuring studios, one-, … [More]

Downtown Phoenix Residential and Co-Working Community Opens

Kenect

Kenect Phoenix, an all-new, hospitality-driven apartment platform and coworking community by Chicago-based Akara Partners, welcomed its first residences today. Just off the busiest stop along the light rail, across from Central Station, Kenect is located at 355 N. Central Ave., near Arizona State University’s downtown campus, Phoenix Children’s Hospital, ASU Law School and ASU … [More]

WEBINAR – Apr 6, 8, 13 and 15: Arizona Small Business Boot Camp & Collective

Arizona Commerce Authority

UPCOMING SESSIONS Please join us for the upcoming Boot Camp sessions. If you missed any sessions this week, watch here.   SESSION 136: TUESDAY - April 6 | 9:00 AM No-Cost Small Business Support Programs Hear a variety of experts from the Arizona SBDC Network, SCORE and the Women’s Business Center discuss SBA-funded support … [More]

APS Launches Free Green Biz Program to Help Small Business Owners

Arizona Public Service

Arizona Public Service Co. (APS) announced the launch of its Going Green & Going Smart Program, a free, virtual training portal that helps small business owners adopt sustainable business practices that save money, energy and attract environmentally minded consumers. The Going Green & Going Smart Program is a statewide community effort that puts valuable … [More]

Arizona Mobilizes Additional Personnel to Meet High Demand at State Vaccine Sites

State of Arizona Office of the Governor

Officials have announced a surge of staffing resources to meet the growing demand for vaccinations at State Farm Stadium and throughout the state. Following the mobilization of additional staff and implementation of other process improvements, wait times at state vaccination sites have been reduced significantly — to under 30 minutes today. “Arizona is deploying all … [More]

U.S. Jobless Claims Unexpectedly Rise as COVID-19 Recovery Continues

U.S. Department of Labor

In the week ending March 27, the advance figure for seasonally adjusted initial claims was 719,000, an increase of 61,000 from the previous week's revised level. The previous week's level was revised down by 26,000 from 684,000 to 658,000. The 4-week moving average was 719,000, a decrease of 10,500 from the previous week's revised average. This is the lowest level for this … [More]

IRS to Recalculate Taxes on Unemployment Benefits; Refunds to Start in May

Internal Revenue Service

To help taxpayers, the Internal Revenue Service announced today that it will take steps to automatically refund money this spring and summer to people who filed their tax return reporting unemployment compensation before the recent changes made by the American Rescue Plan. The legislation, signed on March 11, allows taxpayers who earned less than $150,000 in modified … [More]

Phoenix Small Business Hiring and Wages Show Pandemic Rebound in March

By Eric Jay Toll for PHXNewsroom

Job gains in Phoenix, paired with a nearly 4 percent year-over-year increase in weekly wages, show ongoing economic recovery signs. The average earnings in the Valley grew to $940 per week, placing the metro area tenth among large markets. Riverside, California, topped the list with an 8 percent earnings jump. Boston was second with nearly 6 percent, followed by almost 5 … [More]

On-Demand, Same-Day Delivery Experts Launch ‘Shop Local’ Program, Includes Phoenix

GoFor

GoFor Industries, North America’s leading last-mile, on-demand delivery, and logistics marketplace, announced a new “shop local” program targeted at Boston, Detroit, Philadelphia, and Phoenix businesses. The first 100 businesses in each city that apply and qualify will receive 5 free deliveries to test drive the GoFor same-day delivery service with their local … [More]

Investment Firm Acquires Five Building Industrial Real Estate Portfolio in Phoenix

KKR

KKR, a leading global investment firm, today announced the acquisition of a five building industrial portfolio (the “Portfolio”) in Phoenix, Arizona totaling approximately 540,000 square feet for a purchase price of $68.0 million. The Portfolio consists of five shallow bay, last mile warehouses located in a highly infill submarkets less than 10 miles from downtown … [More]

New Professional Development Courses Designed for Busy Adults to Gain In-Demand Skills

University of Phoenix

Today’s world is constantly evolving and so are the skills needed to succeed in the current job market. Results from the first annual Career Optimism Index™ study, commissioned from the University of Phoenix Career Institute, found that 42% of American workers do not see a clear path forward for advancing their careers. To help address this challenge, University of Phoenix is … [More]

HR Execs Report Directly to the CEO, President, or Company Owner at a Majority of Organizations, Says Survey

XpertHR

At about three-fifths (61%) of organizations, the top HR executive reports to the chief executive officer, president, or company owner, according to 417 US employers responding to XpertHR's HR Staffing and Resources Survey 2021. At some organizations, HR may report to the CFO (13%), COO (10%), a senior-level company-wide manager (e.g., executive director, general manager) … [More]

FirstBank Pays $8,000 of Grocery Bills Ahead of Arizona Gives Day, Coming Apr. 6

inbusinessPHX.com

FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” recently surprised shoppers across the Valley by paying their grocery bills as part of their annual “Give It Forward” campaign to promote Arizona Gives Day. In total, FirstBank covered the cost of nearly $8,000 worth of grocery bills. When customers arrived at three Fry’s … [More]

Donald W. Slager to Succeed Jon Vander Ark at Republic Services

Republic Services, Inc.

Republic Services, Inc. announced industry icon Donald W. Slager has provided his notice of intent to retire from the Company after serving as its Chief Executive Officer for more than a decade and serving as Chief Operating Officer for nearly a decade prior. The move marks the conclusion of a thoughtful and comprehensive, multi-year CEO succession planning process.  President … [More]

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